Problem #2: If no payments are made, a loan of amount $41000 would increase to $47424.06 after 2 years of monthly compounding interest. If instead, payments of $987.51 are made at the end of each month, how many years would it be until the loan is paid off? Problem #2: Answer rounded to the nearest integer number of years. Just Save Your work has been saved! (Back to Admin Page). Submit Problem #2 for Grading Attempt #1 Attempt #2 Attempt #3 Attempt #4 Attempt #5 Problem #2 Your Answer: Your Mark